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Twitter CEO Parag Agrawal pronounces departure of two high execs in shakeup


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Twitter CEO Parag Agrawal introduced the departure of two of his high executives Thursday, a shake-up that’s more likely to deepen inner chaos within the months earlier than Elon Musk completes a takeover of the social media firm.

In a companywide electronic mail obtained by The Washington Submit, Agrawal mentioned he was changing Kayvon Beykpour and Bruce Falck, who oversaw Twitter’s shopper and income merchandise, together with engineering, customer support and operations. Agrawal had elevated Beykpour and Falck in a serious reorganization in December, simply after he took over as CEO.

“It’s essential to have the precise leaders on the proper time,” Agrawal wrote within the electronic mail.

Agrawal mentioned he was changing the 2 executives with Jay Sullivan, a vp of shopper merchandise, who will now lead each shopper and income groups on an interim foundation. Sullivan has previously defended Musk’s takeover of Twitter, in keeping with inner messages obtained by The Submit.

“Elon actually believes within the energy of Twitter and its significance on the planet,” Sullivan advised colleagues final month.

Twitter spokeswoman Liz Kelley had no touch upon whether or not Sullivan’s promotion was associated to his assist for Musk.

How Twitter misplaced the celebs

The adjustments add yet one more chapter to the fast-moving and sophisticated saga of Musk’s takeover of a serious social community on the middle of how America’s political and media worlds talk. On Thursday, Musk reiterated on Twitter that he believed former president Donald Trump’s account needs to be reinstated. The corporate completely banned him in 2021 for encouraging violence after the Jan. 6 Capitol assault.

“Despite the fact that I feel a much less divisive candidate could be higher in 2024, I nonetheless suppose Trump needs to be restored to Twitter,” Musk mentioned, then wrote in one other tweet: “Biden’s mistake is that he thinks he was elected to remodel the nation, however really everybody simply needed much less drama.”

Musk’s actions and hypothesis about his intentions have gripped Twitter because it was first revealed he was investing within the firm in April.

Even earlier than going public along with his funding, Musk had repeatedly criticized Twitter’s administration. In December, simply after Agrawal took over the CEO job from Twitter co-founder Jack Dorsey, Musk tweeted a photoshopped picture portraying Agrawal as Joseph Stalin and Dorsey as Nikolai Yezhov, who the real-life Stalin had ordered assassinated.

Musk additionally requested his followers if Twitter’s tweet-sorting algorithm needs to be made publicly out there and whether or not they thought Twitter “rigorously adheres” to free speech beliefs.

As soon as his stake had been disclosed, Musk requested if Twitter was “dying,” stating that most of the most-followed accounts used the platform lower than they’d previously.

When Musk and Twitter introduced the takeover deal on April 25, Musk’s quick assertion referenced his perception that Twitter may very well be run higher. “Twitter has great potential — I sit up for working with the corporate and the group of customers to unlock it,” he mentioned.

In his memo Thursday, Agrawal additionally mentioned that Twitter was pausing hiring and would rethink job gives it had made, a part of cost-cutting that was crucial due to the corporate lacking “viewers and income” targets and its inventory being hit by the market downturn and different “macro-economic” forces.

Twitter has lengthy been recognized for administration chaos and high-profile firings. However Thursday’s strikes are exacerbating fears of an worker exodus in response to Musk’s possession, The Submit was advised by two individuals accustomed to inner discussions who spoke on the situation of anonymity to explain delicate issues.

In a tweet Thursday, Beykpour indicated that he had been fired. “The reality is that this isn’t how and once I imagined leaving Twitter, and this wasn’t my resolution,” Beykpour wrote, including that Agrawal needed “to take the group in a special course.”

Twitter’s high lawyer lengthy weighed security and free speech. Then Elon Musk known as her out.

Twitter spokesperson Kelley confirmed that the 2 executives have been leaving the corporate. She additionally confirmed that, efficient this week, Twitter will pause most hiring, apart from “business-critical roles.”

The corporate additionally could be “pulling again on non-labor prices” to “guarantee we’re being accountable and environment friendly,” she added.

The shake-up is especially uncommon due to how lately Beykpour and Falck had been elevated to their positions. Agrawal’s December reorganization, wherein two different executives left, positioned Beykpour answerable for shopper merchandise, Falck answerable for income merchandise and Nick Caldwell answerable for core expertise.

The tempo of product releases sped up below Beykpour, mentioned Nu Wexler, a former Twitter communications supervisor who left the corporate in 2017. “Kayvon got here in and did a terrific job, he moved the corporate ahead.”

Earlier in his profession, Beykpour co-founded and led the live-video start-up Periscope, becoming a member of Twitter after it purchased the start-up earlier than Periscope’s 2015 launch. (Twitter shuttered Periscope in 2021.) As a product chief at Twitter, Beykpour was recognized for shifting quick, creating options such because the ephemeral tweet product Fleets, which was discontinued in 2021, and the stay audio chat discussion board Areas.

Elon Musk’s Twitter bid frustrates staff. That’s a danger for him.

Musk‘s deal to accumulate Twitter for roughly $44 billion, which he launched in April, is anticipated to be accomplished over the subsequent three to 6 months.

Workers at San Francisco-based Twitter are usually liberal and extremely vocal, and plenty of have expressed resistance to Musk’s taking up the corporate. Others have expressed worry for his or her jobs, notably if Musk makes use of his highly effective Twitter megaphone to publicly criticize particular staff, as he has already begun doing.

Sullivan’s inner protection of Musk occurred final month, earlier than the billionaire introduced his bid to purchase the entire firm and whereas it nonetheless regarded like his plan was solely to safe a board seat. “It’s to our profit to have a broad set of experience, expertise concepts, long run considering, and many others. on the board,” Sullivan advised colleagues on the time.

In messages in response to Sullivan, quite a few staff expressed fears in regards to the billionaire, with one noting that Musk’s “behaviors and ethics don’t mirror what we stand for.”

Regardless of the motive for the senior management change, some Twitter staff mentioned they preferred what they knew about Sullivan and his plans. “He appears honest to me,” mentioned one, who spoke on the situation of anonymity. “He’s considering longer-term, which I personally like.”

Joseph Menn contributed to this report.


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